Stock Code: 300706 Stock Abbreviation: Acetron
Fujian Acetron New Materials Co., Ltd.
(No. 66 Zhanghu Road, Zhanggang Street, Changle District, Fuzhou City)
2025 Prospectus for Issuance of A-Shares to Specific Targets
(Revised Draft)
Sponsor (Lead Underwriter)
Changjiang Financing Services Co., Limited
August 2026
Declaration
The Company and all directors and senior management warrant that the prospectus and other information disclosure materials do not contain any false records, misleading statements, or major omissions, and assume corresponding legal liability for their authenticity, accuracy, and completeness.
The person in charge of the Company, the person in charge of accounting work, and the person in charge of the accounting institution (accounting supervisor) guarantee the authenticity and completeness of the financial accounting report in the prospectus.
Any decision or opinion made by the CSRC or the Shenzhen Stock Exchange regarding this issuance does not indicate their guarantee of the authenticity, accuracy, or completeness of the application documents and disclosed information, nor does it constitute a substantive judgment or guarantee of the issuer's profitability, investment value, or investor returns. Any statement to the contrary is a false statement.
According to the Securities Law, after the securities are issued in accordance with the law, the issuer is responsible for changes in its operations and earnings. Investors shall independently judge the investment value of the issuer, make their own investment decisions, and bear the investment risks caused by changes in the issuer's operations and earnings or fluctuations in securities prices after the issuance.
Important Notice
The Company specifically reminds investors to read the full content of this prospectus carefully and pay special attention to the following important matters before making investment decisions.
I. Summary of the Plan for Issuance of Shares to Specific Targets
(I) Relevant matters for this issuance have been deliberated and approved at the 11th (Extraordinary) Meeting of the 4th Board of Directors, the 2025 First Extraordinary General Meeting of Shareholders, and the 12th (Extraordinary) Meeting of the 4th Board of Directors.
This issuance plan is subject to review and approval by the Shenzhen Stock Exchange and the receipt of the registration approval from the CSRC before implementation. The final issuance plan shall be subject to the plan registered with the CSRC.
(II) The targets for this issuance are no more than 35 specific investors, including securities investment fund management companies, securities companies, wealth management companies, insurance institutional investors, QFIIs, RQFIIs, other institutional investors, and natural persons who meet the subscription conditions stipulated by laws and regulations at that time. Where securities investment fund management companies, securities companies, QFIIs, or RQFIIs subscribe with two or more products under their management, they shall be regarded as one target; trust investment companies acting as targets may only subscribe with their own funds.
The final targets will be determined through consultation between the Board of Directors (authorized by the shareholders' meeting) and the sponsor (lead underwriter) in accordance with relevant regulations of the CSRC and the Shenzhen Stock Exchange after the issuance application is approved by the Shenzhen Stock Exchange and registered with the CSRC. If there are new regulations on targets for issuance to specific parties in national laws and regulations, the Company will make adjustments accordingly.
All targets shall subscribe for the shares issued to specific parties in cash.
(III) This issuance adopts a bidding method. The pricing base date is the first day of the issuance period, and the issuance price shall not be lower than 80% of the average trading price of the Company's shares in the 20 trading days preceding the pricing base date.
Average trading price for the 20 trading days preceding the pricing base date = Total trading volume for the 20 trading days preceding the pricing base date / Total trading amount for the 20 trading days preceding the pricing base date.